Landmark $750B EU Energy Deal Secured by Trump, Tariffs Slashed to 15%
President Donald Trump unveiled a monumental trade agreement with the European Union on July 27, 2025. The agreement features a colossal $750 billion energy commitment spread over three years. Notably, the deal slashes the proposed tariffs on EU goods from a looming 30% to a manageable 15%. This agreement also ensures significant European investments in American energy and defense sectors.
European Commission President Ursula von der Leyen confirmed the EU’s commitment to purchase $750 billion worth of U.S. energy products. These include liquefied natural gas (LNG), oil, and nuclear technology over the next three years. This translates to an impressive $250 billion annually. In addition to this, the EU pledged to $600 billion in direct U.S. investments and significant purchases of American military equipment.
“We will replace Russian gas and oil with significant purchases of U.S. LNG, oil and nuclear fuels,” von der Leyen stated. This emphasizes Europe’s goal to diversify energy sources and enhance energy security.
Following the news, energy stocks experienced a surge, with Cheniere jumping 4% and Venture Global rising over 5% in premarket trading.
This agreement successfully averts a potential trade war and considerably reduces barriers in the world’s largest bilateral trading relationship, valued at nearly $1 trillion annually.
Source: https://finance.yahoo.com/news/eu-750-billion-energy-deal-102613197.html